ROFO Deposit definition

ROFO Deposit has the meaning set forth in Section 11.2(b).
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ROFO Deposit is defined in Section 11.4(d).
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ROFO Deposit. As defined in Section 10(b).
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Examples of ROFO Deposit in a sentence

  • In the event that the Other Member elects to deliver a ROFO Acceptance pursuant to Section 9.1.4 above, the closing of the purchase and sale contemplated thereby shall occur on a mutually acceptable date, not more than one hundred and twenty (120) days after the delivery of the ROFO Acceptance, through a “New York style” closing with the title company holding the ROFO Deposit.

  • The ROFO Deposit shall be nonrefundable to AIR (except in the event of a material default of DevCo in performing its closing obligations pursuant to the purchase and sale agreement for the transaction, which shall be in the form attached to the form of Standard Lease (which is attached hereto as Exhibit A)).

  • The ROFO Deposit shall be delivered within five (5) Business Days following the delivery of the Acceptance Notice, by transfer of immediately available funds to a national title insurance company reasonably acceptable to DevCo, who shall perform the services of escrow agent for the closing of the ROFO Property.

  • The failure of the Other Member to deliver the ROFO Deposit within one (1) Business Day shall result in the ROFO Acceptance being deemed ineffective automatically, and without any additional action required by the Initiating Member.

  • On the closing date therefor, (i) Escrow Agent shall release the ROFO Deposit to the Partnership (or the applicable Subsidiary), and the ROFO Purchaser shall pay, to the Partnership or the applicable Subsidiary, the balance of the Sale Price.

  • Escrow Agent shall hold the ROFO Deposit (or portions thereof) as provided above and shall continue to hold and shall disburse the ROFO Deposit (or portions thereof) in accordance with the terms of the LP Agreement.

  • The ROFO Deposit shall be delivered within five (5) Business Days following the date (the “Option Notice Date”) the Option Notice is delivered, by transfer of immediately available funds to an independent and neutral party reasonably satisfactory to the Transferring Member, that shall perform the services of escrow agent for the closing of the sale of the Transferring Member’s Membership Interest.

  • The ROFO Deposit shall be credited toward the ROFO Purchase Price.

  • In the event that the Other Member elects to deliver a ROFO Acceptance pursuant to Section 9.1.5 above, the closing of the purchase and sale contemplated thereby shall occur on a mutually acceptable date, not more than ninety (90) days after the delivery of the ROFO Acceptance, through a “New York style” closing with the title company holding the ROFO Deposit.

  • ROFO Escrow Agent’s duties hereunder shall be limited to the safekeeping of the ROFO Deposit received by it as ROFO Escrow Agent (and interest and income earned thereon) and for its disbursement in accordance with this Escrow Agreement.


More Definitions of ROFO Deposit

ROFO Deposit has the meaning set forth in Section 9.1.4 of this Agreement.
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ROFO Deposit has the meaning set forth in subsection 3.3(b).
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ROFO Deposit shall have the meaning set forth in Section 13(b) hereof. “Sale Notice” shall have the meaning set forth in Section 13(b) hereof. “Sale Price” shall have the meaning set forth in Section 13(b) hereof. “Sale Response Date” shall have the meaning set forth in Section 13(b)
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ROFO Deposit shall have the meaning given such term in the Bridge Equity Providers Agreement.
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ROFO Deposit shall having the meaning assigned to such term in Section
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ROFO Deposit shall having the meaning assigned to such term in Section
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Related to ROFO Deposit

  • Earnest Money Deposit (EMD) means Bid Security/ monetary or financial guarantee to be furnished by a tenderer along with its tender.

  • Earnest Money Deposit (EMD) means the refundable amount to be submitted by the Bidder along with RFP documents to NMRC

  • Cash Deposit means a cash security deposit in U.S. dollars held by AT&T-21STATE.

  • Full Deposit will consist of data that reflects the state of the registry as of 00:00:00 UTC (Coordinated Universal Time) on the day that such Full Deposit is submitted to Escrow Agent.

  • Security Deposit means the deposit to be held by the owner as security for the due performance of the contractual obligations.

  • special deposit means a deposit held other than at call on behalf of the Crown, or any local authority within the meaning of the Local Government Act 1974;

  • Earnest Money means the amount equal to 10% of Consideration as specified in the Application Form / Provisional Allotment Letter;

  • Direct Deposit Disbursement Requests for the Closing Disbursement(s) to be deposited into an account at Xxxxx Fargo Bank, N.A. must specify the amount and applicable account. Each account included in any such Disbursement Request must be listed below. Name on Deposit Account: Xxxxx Fargo Bank, N.A. Deposit Account Number: Further Credit Information/Instructions: Subsequent Disbursement Authorizers: Administrative Agent is authorized to accept one or more Disbursement Requests from any of the individuals named below (each, a “Subsequent Disbursement Authorizer”) to disburse Loan proceeds after the date of the Loan origination/closing and to initiate Disbursements in connection therewith (each, a “Subsequent Disbursement”): Individual’s Name Title 1.